Analysis: 12 Chinese tech companies have applied to list in Hong Kong so far this year, the most since 2023, after rules allowed lossmaking companies to float (Financial Times)
125d ago
Technology
Techmeme
The Financial Times reports a surge in Chinese tech companies seeking Hong Kong listings. So far this year, 12 companies have applied, marking the highest number since 2023. This increase is attributed to recent regulatory changes in Hong Kong that now permit loss-making companies to list. These reforms aim to bolster Hong Kong's appeal as a financial hub and attract innovative, albeit not yet profitable, tech ventures. The influx of applications indicates a renewed interest in Hong Kong's capital markets.